News about Westgold

Westgold (ASX: WGX) reported results for the quarter ending 30 September 2026 (Q1 FY27), producing 98.4koz of gold at an AISC of A$2,912/oz and recording no lost time injuries. Treasury (cash, bullion and liquid investments) rose A$101M to A$1,040M, with an underlying treasury build of A$251M and mine operating cash flow of A$292M, and the company remains debt free and unhedged. During the quarter, Westgold spent A$111M on non-sustaining capital and A$24M on exploration, and bought back A$22M of its shares. Group Ore Reserves rose 41% to 4.1Moz, and the company remains on track for FY27 guidance of 385–425koz, with a pathway to about 500koz by FY29. A FY27 on-market buy-back of A$50M was approved, and a revised policy sets a minimum annual return of 3 cents per share, including a minimum 2 cent fully franked dividend.

Westgold Resources (ASX/TSX: WGX) reported results for the quarter ended 30 September 2026 (Q1 FY27), producing 98.4koz of gold at an AISC of A$2,912/oz, with no lost time injuries. Mine operating cash flow was A$292M and the underlying Treasury build was A$251M, lifting cash, bullion and liquid investments by A$101M to A$1,040M; the company remains debt free and fully unhedged. Group Ore Reserves rose 41% to 4.1Moz, and FY27 guidance of 385–425koz remains on track. Westgold bought back A$22M of shares in the quarter under a A$50M FY27 buy-back, and a revised policy sets a minimum annual return of 3 cents per share, including at least 2 cents fully franked.

Westgold (ASX: WGX) reported Q1 FY27 (quarter ended 30 September 2026) gold production of 98.4koz at an AISC of $2,912/oz, versus 98.9koz at $2,802/oz in Q4 FY26. The company recorded no lost time injuries, lifted ore stockpiles 51% to 696kt, and reaffirmed FY27 guidance of 385–425koz. An AISC margin of $3,117/oz delivered $292M in mine operating cash flow and an underlying Treasury build of $251M, lifting cash, bullion and liquid investments to $1,040M, and the company remains debt free and unhedged. Group Ore Reserves rose 41% to 4.1Moz, a $50M on-market buy-back was approved with $22M already bought, and a revised policy sets a minimum annual return of 3 cents per share.